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renewable energy investment

Assam Cabinet Approves 620 MW of Green Power Projects

In a bid to give a major push to the renewable energy sector in the state, the Assam Cabinet has given green signal to the implementation of green power projects. In a fresh move, the Assam cabinet approved green energy projects having cumulative capacity 620 MW to be developed in Assam. The decision was taken, […]

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LONGi Plans 5 GW Manufacturing Facility in Ohio, USA

Solar PV maker LONGi has planned to come up with a solar manufacturing facility in the Ohio state of the USA. The firm will collaborate with solar developer and operator Invenergy that will invest more than $600 million in the project. As per LONGi, the project will give a boost to the domestic renewable energy […]

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Iberdrola Awards Contract to Haizea Group for 1400 MW Wind Farm in UK

Spanish multinational electric utility Iberdrola has awarded a wind contract to Haizea Wind Group- a manufacturer of large metal structures for wind turbines. As per the pact, the manufacturer will supply 50 monopiles for Iberdrola’s 1400 MW East Anglia Three offshore wind farm located in UK. UK is currently the global leader when it comes […]

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Vestas Secures 373 MW Supply Order for South Africa Wind Projects

Danish wind turbine manufacturer Vestas has secured a massive 373 MW supply order from independent power producer Red Rocket for the Brandvalley, Rietkloof and Wolf wind parks. Vestas has said that the wind energy projects will be located in Western Cape and Eastern Cape, South Africa. The contract includes the supply and installation of 64 […]

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Japan’s Daiwa Acquires Minority Stake in 1.2 GW Hornsea One Offshore Windfarm

Japan’s Daiwa Energy & Infrastructure has announced that it has acquired a minority stake in Hornsea One offshore wind project. Daiwa said in its official statement that the acquisition is constructed on its partnership with Equitix, which has been cultivated since its first co-investment in Electricity North West Limited in 2019. Daiwa Energy & Infrastructure […]

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3500 MW of Wind Addition Possible in Five Developing Countries: GWEC Report

A new report by Global Wind Energy Council (GWEC) has said that five countries, namely, Argentina, Colombia, Egypt, Indonesia and Morocco have the capacity to add 3500 MW of wind power in the coming five years if they do so aggressively. The GWEC report held that the five developing countries can add an extra $12.5 […]

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ArcVera Picked for Engineering Services to 1.2 GW Solar Project in USA

Colorado-based ArcVera Renewables has announced that it has been selected to provide independent engineering (IE) services for Onward Energy’s Global Atlantic solar portfolio recently acquired having a capacity of nearing 1200 MW. ArcVera said that it is bullish on making a mark in the renewable energy sector especially in the solar sector through its independent […]

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Israeli Developer Econergy Gets EUR 30 Million from RGreen Invest

Leading Israeli investor, developer and operator of renewable energy projects across Europe, Econergy Renewable Energy has received EUR 30 million which is a part of the company’s deal with French independent asset management firm RGreen Invest. Econergy and RGreen are long-term partners and the EUR 30 million is part of the total equity investment of […]

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Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit

Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […]

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